BHEL shares gain 1.4% on technology development deal with CMTI on December 15, 2023 at 4:20 am

The MoU is for collaboration on technology development in the areas of hydrogen value chain and IIoT solutions for predictive maintenance of machines manufacturing processes.

MM Finance gains 2% on plans to enter life, general insurance space on December 15, 2023 at 4:09 am

Mahindra Finance will invest Rs 5 to 10 crore in the new insurance businesses, mainly towards technology set-up, manpower hiring and training and certification costs.

PNB becomes 3rd state-run lender to cross Rs 1 lakh crore in market value on December 15, 2023 at 4:26 am

Analysts note that PSU banks are undervalued in comparison to private banks.

Suzlon Energy rises 3% on order for 100.8 MW wind power project on December 15, 2023 at 4:52 am

Under the project, Suzlon will install 32 wind turbine generators with a hybrid lattice tubular tower and a rated capacity of 3.15 MW each.

KFin Tech shares dive 9% after large deal worth Rs 1,650 crore on December 15, 2023 at 4:36 am

Moneycontrol could not immediately identify the parties involved in the transaction but reports suggested that promoter General Atlantic was looking to pare stake in the company.

A day of rejigs: FTSE, BSE100 rebalancing today, HDFC Bank likely to get $500-mn inflow on December 15, 2023 at 4:52 am

The SP BSE 100 index will also see a dynamic shift as seven counters will change. As per IIFL, it is an active largecap benchmark. Tata Elxsi, Adani Power, Voltas, Bandhan Bank, Mphasis, Crompton Greaves Consumer Electricals and ACC are to be dropped from the index

Adani Ports to sell Ennore terminal stake to MSC unit for $30 million on December 15, 2023 at 4:56 am

This is India#39;s largest private port operator#39;s second partnership with container terminal businesses company Terminal Investment, a unit of Swiss-based MSC.

Infibeam Avenues buys 49% in Pirimid Fintech to enter market tech space, shares zoom 7% on December 15, 2023 at 5:04 am

Infibeam Avenues Ltd, which processed transaction worth US$54 billion in FY23, expects to witness an increase in its payment processing business through this strategic investment.

India must lower fiscal deficit #39;a lot more#39; to get a higher rating, says SP on December 15, 2023 at 1:34 am

According to Kim Eng Tan, SP Global#39;s Managing Director for APAC sovereign ratings, India will clock a GDP growth rate of at least 6.4 percent or more for the next few years.

Rs 1,000 crore to be invested in handloom, handicraft sector in 5 years: Official on December 15, 2023 at 1:41 am

Development Commissioner (Handicrafts), Ministry of Textiles, Amrit Raj said there are around 35 lakh artisans across the country and the government wants to do much more for the sector.